JEI(SZ:000600)2022-12-06 09:40Financial Performance - The net profit for the first three quarters decreased by 6.25% year-on-year due to the rapid increase in coal prices, significantly impacting profitability [1] - Investment income reached 589 million CNY, accounting for 21.85% of total profit, indicating a substantial contribution to overall earnings [3] Business Strategy - To cope with rising coal prices, the company is expanding coal sources through stable partnerships and optimizing the procurement structure to control costs [3] - The company plans to increase investments in clean energy, including nuclear and wind power, with a focus on diversifying its energy portfolio [5] Market Position and Advantages - The company holds a high market share in the regional electricity market and has a strong project reserve, providing significant growth potential [4] - The company has fully implemented ultra-low emissions in its power generation units, enhancing its energy-saving and emission-reduction capabilities [4] Future Developments - The company is actively exploring clean energy projects, having invested 500 million CNY (45% of total investment) in offshore wind power projects [5] - Three cogeneration projects are under construction, with expected operational dates in 2016 and 2018, addressing the growing demand for heating in northern China [6]